The United Company Foundation
The United Company Foundation is a private foundation based in Bristol, Virginia, established in 1986 to assist charitable organizations in its local community and surrounding region. Its 2025 giving included support for food assistance, education, health care, arts, and youth programs.
The United Company Foundation at a glance
In short: The United Company Foundation gave $2.6M across 102 grants in 2025 (avg $25K), mostly in Virginia. 18% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,559,434
- -6.4% vs 2024
- Grants made (2025)
- 102
- +6.3% vs 2024
- Average grant
- $25,092
- -11.9% vs 2024
- Median grant
- $15,628
- Total assets
- $58,693,199
- +6.1% vs 2024
- New grantees (estimate)
- 18% first-time grantees (13 of 73, 2025)
- Primary geography
- Virginia (65% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The United Company Foundation
- How to Apply
-
The Foundation states that it does not restrict giving to preselected organizations. The filing does not give a general grant application process. Separately, it describes a scholarship application for eligible Mountain Mission School graduates. Applicants must have applied to and received official acceptance from an accredited U.S. college or university and submit the Foundation’s scholarship application form, an official transcript, financial aid award letter, FAFSA Student Aid Report, and official school invoice and class schedule. Spring applicants must also provide fall grades. Students must reapply annually.
- Review Cycle
- Scholarship applications are due July 1 for the fall semester and December 1 for the spring semester.
- Deadline
- Scholarship applications are due July 1 for the fall semester and December 1 for the spring semester.
- Contact
Application contact: Rose Hurley Mountain Mission School
Mailing address: 1760 Edgewater Drive, Grundy, VA 24614
Phone: (276) 791-1514
Website: https://unitedcofoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from The United Company Foundation
Who The United Company Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was YMCA of Buchanan County ($236K). Together the top 10 received $1.1M.
Organizations only. It also paid 13 grants to individuals ($155,600), which are not listed by name.
Grant Size Distribution
505 grants across all recorded years
The most common grant size was under $50K: 420 grants of 505 (83%).
Geographic Focus
Where this funder awards grants
The Foundation’s grant-program description identifies Bristol, Virginia; Bristol, Tennessee; and an individual recipient as the communities it serves. In 2025, 65% of grant dollars went to recipients in Virginia and 26% to recipients in Tennessee. The filing also lists Maryland at 2%, Connecticut at 2%, and Kentucky at 1%.
Grant Distribution by State
Share of 2025 grant dollars across all 102 itemized grants.
States
Cities
Is The United Company Foundation open to new grantees?
18%
first-time grantees, 2025
In 2025, 13 of 73 grantees (18%) were first-time recipients. First grants averaged $22K; repeat grants $34K. How we count
Medians: $8K first-time, $25K repeat.
- 78% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+10%). Method
- In 2025 it paid out 117% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1.7M (2020) to $2.7M (2024). In 2025 it made 102 grants totaling $2.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| YMCA of Buchanan County Grundy, VA | General Support | $236,334 |
| Feeding America Southwest Virginia Salem, VA | Mobile Food Pantry Assistance | $125,000 |
| Johnson University Knoxville, TN | Education - Tuition | $112,094 |
| Boys and Girls Club of Central Appalachia Grundy, VA | Support stem, simulated workforce programs; academic assistance & enrichment programs | $100,000 |
| Foundation for Educational and Developmental Opportunities Inc Bristol, VA | Expansion Project-$50,000; Tuition Grant Fund-$50,000 | $100,000 |
| Virginia College of Osteopathic Medicine Blacksburg, VA | Scholarship fund for medical students at vcom who commit to practice in southwest va | $100,000 |
| Appalachian Highlands Community Dental Center Abingdon, VA | Support of Clinic Expansion and Ongoing Operation | $94,894 |
| Milligan University Milligan College, TN | Education - Tuition | $84,264 |
| 3 individual scholarships Recipients not named | — | $128,446 |
| Barter Foundation Inc Abingdon, VA | General financial support & fund educational & youth programming | $65,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $58,693,199 | $6,640,720 | $3,409,665 | $2,559,434 | 102 | $3,171,469 | $6,327,197 | $2,717,641 |
| 2024 | $55,322,271 | $5,269,135 | $3,221,546 | $2,733,350 | 96 | $3,318,525 | $4,918,106 | $2,574,830 |
| 2023 | $49,601,884 | $3,293,117 | $3,041,262 | $2,428,016 | 109 | $2,976,859 | $3,054,166 | $2,305,694 |
| 2022 | $45,425,457 | $3,143,121 | $3,391,591 | $2,324,848 | 104 | $2,781,507 | $2,870,947 | $2,385,036 |
| 2021 | $58,565,887 | $6,439,825 | $2,892,158 | $2,367,640 | 94 | $2,812,231 | $6,145,234 | $2,642,496 |
| 2020 | $51,347,046 | $3,230,400 | $2,608,809 | $1,706,702 | 94 | — | $2,960,897 | $2,287,994 |
| 2019 | $48,239,885 | $2,047,202 | $2,569,063 | $2,026,676 | 97 | — | $1,781,747 | $2,237,280 |
Under IRS private-foundation payout rules, The United Company Foundation reported a distributable amount of $2.7M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Foundation lists food, shelter, clothing, education, the arts, health and wellness, community and civic causes, and children and youth among its areas of interest. It provides grants to eligible 501(c)(3) tax-exempt organizations.
Its 2025 grantees included organizations working in several of these areas. For example, Crossroads Medical Mission describes its work as delivering preventive and urgent care through a mobile unit to people who face geographic or socioeconomic barriers to care. The Barter Foundation says it uses live theatre for public good and education and serves an individual recipient as a tourist attraction. Food Bank of Wise County describes its mission as distributing food and other tangible goods to people in need and organizations serving them.
Grantmaking
In 2025, the Foundation awarded 102 grants totaling $2,559,434. Grants ranged from $18 to $236,334, with a median of $15,628. The largest award was $236,334 to YMCA of Buchanan County for general support. Other large grants included $125,000 to an individual recipient for mobile food pantry assistance; $112,094 to Johnson University for tuition; and $100,000 each to Boys and Girls Club of Central Appalachia, Foundation for Educational and Developmental Opportunities, and Virginia College of Osteopathic Medicine.
Other 2025 recipients included an individual recipient Community Dental Center ($94,894), Milligan University ($84,264), an individual recipient State University ($74,477), Barter Foundation ($65,000), Crossroads Medical Mission ($60,000), and Emory and Henry College ($59,615). The Johnson University, Milligan University, and an individual recipient State University awards were identified as tuition support.
Scholarship applicants must have attended Mountain Mission School in grades 9–12, demonstrate financial need by qualifying for a Federal Pell Grant, accept any Federal Direct Subsidized or Perkins loans offered, and meet the stated enrollment and GPA requirements. Students must be enrolled for at least 12 credit hours per semester, may request up to $15,000 per year, and are eligible for four consecutive calendar years after graduation. The scholarship supplements other aid for tuition, fees, room and board, books, and supplies; book and supply support is capped at $750 for the first semester and $500 thereafter.
The Foundation also reports direct charitable activities: monthly food deliveries to low-income households in Bristol, Virginia and Tennessee; college and career counseling and scholarship-program oversight at Mountain Mission School; and a week-long Christian-value summer camp for foster, underprivileged, and at-risk children. These are described as direct activities, not grant opportunities for outside applicants.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists James W. McGlothlin as chairman/director through August 6, 2025, and Fay H. Street as chairman/director. Other officers and directors listed are Frances G. McGlothlin, vice chairman; Israel O’Quinn, president/CEO; Danielle Hahne, secretary; Barbara J. Bjerke, treasurer; Claire Davis, executive director; Julia K. Smith, assistant secretary; Lois A. Clarke, director; and Martha McGlothlin Bowman, director.
The United Company Foundation is led by Israel O'Quinn, President & CEO since 2024 (on filings since 2023); 3 of 12 officers listed in 2025 are compensated.
Officers on the 2025 filing
Israel O'Quinn
President & CEO
President, CEO & Director → President & CEO, 2024
On filings since 2023
10 hrs/week
$31K (2023) → $60K (2025)
Claire Davis
Executive Director
Assistant Secretary → Executive Director, 2022
On filings since 2020
20 hrs/week
$13K (2020) → $71K (2025)
Fay H. Street
Chairman & Director
Director → Secretary & Director, 2020
Secretary & Director → Chairman & Director, 2025
On filings since 2019
5 hrs/week
No compensation reported
James W. McGlothlin
Chairman & Director
On filings since 2019
5 hrs/week
No compensation reported
Lois A. Clarke
Director
President, Treasurer & Director → President, CEO & Director, 2020
President, CEO & Director → Director, 2023
On filings since 2019
1 hr/week
$53K (2019) → $0 (2025)
David A. Street
Director
On filings since 2019
1 hr/week
No compensation reported
Martha McGlothlin Bowman
Director
On filings since 2020
1 hr/week
No compensation reported
Lauren Street Wagner
Director
On filings since 2024
1 hr/week
No compensation reported
Danielle Hahne
Secretary
New on the 2025 filing
20 hrs/week
$50K (2025)
Barbara J. Bjerke
Treasurer
Assistant Treasurer → Treasurer, 2020
On filings since 2019
1 hr/week
No compensation reported
Frances G. McGlothlin
Vice Chairman
Director → Vice Chairman, 2025
On filings since 2019
1 hr/week
No compensation reported
Julia K. Smith
Assistant Secretary
On filings since 2019
1 hr/week
No compensation reported
Former officers (5)
- Former: Nd Street Dec (2023) — Director
- Former: Nd Street (2020–2022) — Director
- Former: Peggy Littleton (2019–2021) — Executive Director
- Former: Martha McGlothlin (2019) — Director
- Former: N. D. Street (2019) — Secretary & Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $71K, to Claire Davis (Executive Director). 3 officers or directors reported compensation on that filing.
Frequently asked questions about The United Company Foundation
How much does The United Company Foundation give each year?
The United Company Foundation gave $2.6M across 102 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.7M across 96 grants.
What is The United Company Foundation's typical grant size?
The United Company Foundation's median grant in 2025 was $15,628, and its average grant was $25,092, across 102 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The United Company Foundation that year got $22K on average.
Where does The United Company Foundation give grants?
The United Company Foundation gives mostly in Virginia: 65% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (26%). The most frequent recipient cities were Bristol, VA (16 grants), Bristol, TN (9 grants), Abingdon, VA (6 grants) and Grundy, VA (5 grants).
Does The United Company Foundation give general operating support?
Yes: 12% of The United Company Foundation's 2025 grants with a stated purpose (12 of 102) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Education - Tuition" (29 grants), "Education - Books" (15 grants) and "Education - Room & Board" (4 grants).
Who are The United Company Foundation's largest grantees?
The United Company Foundation's largest 2025 grantees include YMCA of Buchanan County ($236,334), Feeding America Southwest Virginia ($125,000) and Johnson University ($121,841 across 3 grants), according to its 2025 IRS Form 990-PF. It also paid 13 grants to individuals ($155,600), which are not listed by name. Together they received 19% of its itemized 2025 grant dollars.
How large is The United Company Foundation?
The United Company Foundation reported $58.7M in total assets on its 2025 IRS Form 990-PF. It paid out $3.2M in qualifying distributions that year, against a required minimum of $2.7M (roughly 5% of its investment assets).
What does The United Company Foundation fund?
The Foundation lists food, shelter, clothing, education, the arts, health and wellness, community and civic causes, and children and youth among its areas of interest. It provides grants to eligible 501(c)(3) tax-exempt organizations. See mission & focus areas ↑
How do I apply for a grant from The United Company Foundation?
The Foundation states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The United Company Foundation's EIN?
The United Company Foundation's EIN (Employer Identification Number) is 54-1390453. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS August 19, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 15, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
Explore Open Grants
Browse active grant opportunities in The United Company Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The United Company Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/the-united-company-foundation-morg_50764d372df64b708fbc8cfd36619b6a
BibTeX
@misc{grantable_541390453_2026,
author = {{Grantable}},
title = {{The United Company Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-united-company-foundation-morg_50764d372df64b708fbc8cfd36619b6a},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The United Company Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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